Crime & Court
N1.6m theft: Plaintiff accuses magistrate for freeing convict with N4,000 fine in Osun

FACTS reliably gathered by Mega Icon Magazine revealed how a sales man, Yemi Adeoye who pleaded guilty of stealing goods and cash worth of N1, 619, 450 (One million, six hundred and nineteen thousand, four hundred and fifty naira) belonging to his employer, Bola Garba Nig. Ltd was freed by a Magistrates’ court sitting in Osogbo, the Osun state capital with a fine of N4,000.
According to a certified true copy of the judgement delivered by Magistrate Ademola Olowolagba with charge number: MOS/66/16 and signed by Principal Registrar of the court, Mr D. Adesiyan, a copy which was obtained by our reporter confirmed that the accused, Yemi Adeoye committed the offence while working as sales man of the company housed within the premises of NUJ Press Centre in Osogbo.
Contained in the judgement, Adeoye pleaded guilty of stealing 155 cartons of Trophy beer, 84 cartons of Goldberg beer, 94 crates of Maltina, 33 cartons of Heinekin, 3 cartons of Root drinks, one carton of passion drink and eight crates of Farouz.
Also, he admitted to have stolen the sum of N371, 070 in cash with two crates of Milk drinks, 15 Gold malt, 82 empty cartons of International Breweries products and 127 empty cartons of assorted drinks.
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The police prosecutor, Inspector Taiwo Adegoke had told the court that the offence was contrary to and punishable under section 390 (9) (6) of the Criminal Code, Cap 34, Vol. 11, Laws of Osun State of Nigeria 2003.
In addition, Adegoke explained that the offense was committed between 2014 and 27th January, 2016.
But, in his argument, the defence counsel, Barrister Mudashiru Balogun pleaded for the court mercy. He observed that the convict was a first time offender, therefore urged court justice with mercy and also that the convict has not wasted the precious time of the court and that he is extremely remorseful.
His statement reads, “it appears the accused has learnt his lessons and that the convict has been seriously ill for a while, also being for the last adjournment that incarcerating him will worsen his condition and also that he is a very young man that has his future ahead of him.
“Also, he has an aged mother and the pain of incarceration will be for them to bear, and that today is his one year wedding anniversary, hereby earnestly, passionately, sincerely and most humbly apply that the court tenders justice with extreme mercy”.
In her judgement, Olowolagba, however, sentenced the accused to two years imprisonment with an option of N4,000 (Four thousand naira).
On the contrary, the plaintiff, who is also the Chief Executive Officer of the company, Ms Bola Adewoye while reacting to the judgement, lamented that the ruling has rued the potency of Nigeria legal system.
Adewoye reprimanded the magistrate for delivering such judgement by giving the accused an option of 4,000 fine, saying that such ruling will further encourage criminality to fester instead of serving as deterrent.
Also, she wondered how a fine of N4,000 could be given as an option for a fraud of over N1.6m.
She argued that such judgement could not serve as a deterrent for would-be-criminal in any way, which, according to her should be and intrinsic intent of any legal system and extant law of the land.
“The aftermath of the soft landing provided for criminals in our legal system is indeed catastrophic , my personal experience in this case is practically bitter to say the least.
“Another employee in my establishment, Banji Daramola, having witnessed how Adeoye was let out of the hook with ease by the court did the same thing recently, carting away huge amount of money.
“I make bold to say that our legal system is a bane to development of entrepreneurship in Nigeria; as individuals are bridging the gap of unemployment, government is doing nothing to protect entrepreneurs for sustainability.
“This development is disheartening and dange
Crime & Court
Police to Sanction Officers Filmed Collecting Cash from Chinese Nationals

The Nigeria Police Force has vowed to sanction its officers caught in a viral video receiving money from Chinese nationals, describing the act as a disgraceful breach of professionalism and a violation of the Force’s core values.
In the now widely circulated footage, several Chinese individuals are seen handing out naira notes to uniformed Nigerian policemen, who were lined up in what appeared to be a well-orchestrated arrangement. The video has since sparked widespread condemnation on social media, with many Nigerians expressing outrage and calling for systemic reform within the police.
The disturbing scene, showing armed officers accepting cash in broad daylight, has raised serious questions about the integrity and discipline of personnel within the Force.
Reacting to the incident, Force Public Relations Officer, ACP Muyiwa Adejobi, issued a strong statement on Thursday condemning the officers’ actions as both “unprofessional and unethical.”
“The Nigeria Police Force has taken cognisance of a disturbing video making rounds in the media space, showing police officers receiving money from a Chinese national,” Adejobi stated.
“The Force has strongly condemned the conduct exhibited by the police officers in the video. The actions of the officers do not represent the established ethics, standards, and core values of the Nigeria Police Force.”
He further revealed that the officers involved have been identified and are currently undergoing disciplinary procedures, although he did not specify the nature of the sanctions to be meted out.
Adejobi assured members of the public that the incident would be thoroughly investigated and that appropriate disciplinary actions would follow.
In addition, he issued a stern warning to individuals and corporate organisations who engage the services of police officers, particularly for private escorts and guard duties, urging them to refrain from acts capable of tarnishing the image of the Force.
“The Nigeria Police Force hereby cautions individuals and organisations privileged to the services of police personnel, particularly as escorts and guards or other specialised services, to desist from any act capable of degrading the integrity of its officers and bringing the Force to disrepute,” he warned.
Crime & Court
‘We Warned Nigerians’ — EFCC Reacts to N1.3tn CBEX Collapse, Pledges Recovery

Amidst widespread public outrage over the collapse of a digital investment platform, CryptoBank Exchange (CBEX), which reportedly led to the loss of over N1.3 trillion in funds belonging to Nigerian investors, the Economic and Financial Crimes Commission (EFCC) has reiterated its earlier warnings against patronising Ponzi schemes.
Speaking on Channels Television’s The Morning Brief on Wednesday, EFCC spokesperson Dele Oyewale confirmed that the anti-graft agency had long taken steps to sensitise Nigerians on the dangers of fraudulent investment schemes.
The CBEX platform, which reportedly crashed on Monday, left countless Nigerians unable to access their investments, sparking a flurry of emotional video testimonials and appeals for justice across social media platforms.
“You’ll recall that on March 11 this year, the Executive Chairman of the EFCC, Mr Ola Olukoyede, directed us to issue a public alert concerning 58 Ponzi scheme companies. We made that list public – that shows we were proactive,” Oyewale said.
“Regarding CBEX, we are fully aware of the situation and have been taking action. Before the outcry, we were already investigating; during the public response, we continued working, and even now, the work is ongoing.”
He stressed that the EFCC should not be blamed for the CBEX incident, noting that the platform is run by a Chinese digital trading firm with no legal ties to Nigeria.
“All the so-called offices people mentioned in Ibadan and elsewhere are not functional; the entire operation exists online,” he clarified.
Oyewale further explained that the EFCC has consistently warned Nigerians against online criminal schemes and that extensive public awareness efforts had already been made. He argued that the onus now rests on the public to be more discerning when investing their funds.
He highlighted the importance of the recently enacted Investment and Securities Act 2025, describing it as a robust legal instrument aimed at curbing unlawful investment practices.
“Any entity engaging in digital trading without a proper licence and compliance with extant laws is committing a criminal offence,” Oyewale stated.
He also cautioned Nigerians to scrutinise unrealistic investment promises.
“If someone says, ‘Bring your money and get a 100% return in 30 days,’ that’s not only impractical, it’s deceptive,” he noted. “Even with Nigeria’s prevailing interest rate at 27.5%, no legitimate investment yields such returns.”
He urged investors to verify the compliance of investment platforms with key financial regulations, including the Money Laundering Prevention and Prohibition Act 2022, the Proceeds of Crime Act, and the Terrorism Financing Act.
Despite the grim situation, Oyewale gave hope to victims, assuring that the EFCC is collaborating with global partners to recover the lost funds.
“We are already working with Interpol and other international development agencies to bring the perpetrators to justice,” he confirmed.
“While the recovery process may not yield immediate results, we assure Nigerians that the EFCC will not abandon them. Escapism is not a solution – we are responsible and professional, and we will ensure justice is served.”
Crime & Court
Court Strikes Out Falana, Falz’s N1bn Defamation Suit Against Verydarkblackman

A Lagos High Court sitting in Ikeja on Tuesday struck out the defamation suit filed against controversial blogger Martins Otse, popularly known as Verydarkblackman (VDM).
The suit was instituted by renowned human rights lawyer and Senior Advocate of Nigeria, Femi Falana, and his son, rapper and activist Folarin Falana, widely known as Falz.
The case stemmed from comments and a video published by VDM on 24 September 2024 via his various social media platforms.
In separate suits, the Falanas sought N500 million each in damages, accusing the blogger of defaming them by alleging in the video that they had received N10 million from social media personality Idris Okuneye, a.k.a. Bobrisky, to pervert the course of justice.
The claimants contended that the defendant knowingly published unverified and false information with the intention of tarnishing their reputation. They further argued that the defamatory content remained accessible online, thereby causing continuous reputational damage.
During Tuesday’s proceedings, neither the claimants nor the defendant was present in court.
Counsel representing the defendant, Niyi Alagbe, standing in for Marvin Omorogbe, informed the court that an application for a stay of proceedings had earlier been filed before Justice Fimisola Azeez.
Responding, the Falanas’ counsel, Omotayo Olatunbosun, confirmed receipt of the said application around 4:15 p.m. on Monday, but urged the court to hear the preliminary objection, which he noted was already ripe for hearing. He argued that the new application was merely a ploy to delay the proceedings.
Justice Matthias Dawodu, in his ruling, stated that the application was not part of the case file before him and questioned why he was being asked to continue hearing the matter when the substantive suit was before another judge.
He concluded that proceeding with the current suit would amount to an academic exercise, and accordingly, struck it out.
“Consequently, this suit is hereby struck out,” the judge ruled.
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